The best leverage size that did not got your bitcoin exhausted

[Tellek Garing]

We have different strategies when we are trading, I have been learning about leverage trading since but I am not perfect till now, I have $50 bitcoin to start, the first leverage I trade as been exchaused and my bitcoin lost, I used 10x. I reduced it to 5x but I lost the bitcoin again, the $50 I am using to practice has exhausted.

There has been some sites I read before I started to trade, all are point to trading to be risky but I thought if I learn it I can be able to know better and profit from it. I saw 100x leverage but I was thinking the price my bitcoin will be lost will be high, that was why I did not choose it, but the 5x I choose has also lost.

As a good trader, are you not losing when you are trading 5x or should I reduce the leverage below 5x or should I not leverage. What are the things you are doing that makes you to gain from trading.

I am not talking about hold, I have gained from holding already.

[Bitcoin_Arena]

I think you are missing a lot of things;
1. Your risk management seem to be very poor. Do you use any stop loss orders for your open position?
2. What is your risk reward ratio?
3. What is your take profit strategy?
4. You also must make sure your win rate is at least above 50%

Without those, even if you bring your leverage down to 1x, you will still lose all your equity with time.

[Silberman]

We have different strategies when we are trading, I have been learning about leverage trading since but I am not perfect till now, I have $50 bitcoin to start, the first leverage I trade as been exchaused and my bitcoin lost, I used 10x. I reduced it to 5x but I lost the bitcoin again, the $50 I am using to practice has exhausted.

There has been some sites I read before I started to trade, all are point to trading to be risky but I thought if I learn it I can be able to know better and profit from it. I saw 100x leverage but I was thinking the price my bitcoin will be lost will be high, that was why I did not choose it, but the 5x I choose has also lost.

As a good trader, are you not losing when you are trading 5x or should I reduce the leverage below 5x or should I not leverage. What are the things you are doing that makes you to gain from trading.

I am not talking about hold, I have gained from holding already.

It seems that you are starting out your career as a trader and if that is true then you need to stay away form leverage, using leverage can indeed increase your profits by a significant margin but it can also make you lose money just as quickly as you have noticed already, fortunately you only used 50 dollars so the damage is not huge, my recommendation is that you trade without using leverage at least for a year and if you are profitable then and only then you can being to use leverage, but start with something small like 2x or 3x so the same that happened to you with this experiment does not happen again but now with all your capital.

[adaseb]

The best leverage size not to get your Bitcoin exhausted is 1x

Sure it seems temping to be able to 100x your initial cost and if BTC doubles in value you not only doubles but goes up 200x.


However keep in mind that most people end up liquidated trading this way. Most pros use maybe 5-10x leverage. Many use the leverage just as a counter party risk since they can keep less funds on the online exchange.

[Tellek Garing]

1. Your risk management seem to be very poor. Do you use any stop loss orders for your open position?
2. What is your risk reward ratio?
3. What is your take profit strategy?
4. You also must make sure your win rate is at least above 50%

I do not use stop lose, it was a great disadvantage for me  the last time I used it, I placed the trade for buy, the market price decreased and my money finished, I lost the trade. But when I checked the price, the price had gone up more than when I place the trade, which means I would have gained but lost because of stop loss.

$5 is good for my take profit.

The best leverage size not to get your Bitcoin exhausted is 1x

This is a very good advice because the lower the leverage will make the trade to be less risky, I will try 2x leverage next, I will try 1x leverage if 2x failed.

[Beparanf]

Leverage is not your problem but the timing and the position you choose is. Try this steps that might help you minimize your laverage trading risk.

1.) Use EMA150, 100, and 50 indicator on your chart
2.) Determine your preferred time frame of your trade( 5mins and 15mins is the preferred TF for leverage trading)
3.) Determine the price trend to check to what will be the best position(Long or Short).
4.)Enter a position when the price hits and bounce back 1 candle to EMA 50 line.
5.) Set Stop loss a little bit below or above EMA 100 or 150
6.) TP when 20% gain or when happy
7.) Use x3 max leverage for beginner and x10 if you always have a successful trade.


Don't be greedy and be patient on your opening price. This is the most crucial. Timing is everything on leverage trading. You should now the trend and never bet against it unless there's a sign of reversal. You will know reversal when trading volume is starting to decrease significantly.

[Tellek Garing]

Don't be greedy and be patient on your opening price. This is the most crucial. Timing is everything on leverage trading. You should now the trend and never bet against it unless there's a sign of reversal. You will know reversal when trading volume is starting to decrease significantly.

That is what I am thinking about, there was a trade I had $15 profit, I did not take the profit but leave the market open, later the trade go in the opposite direction and I lost, this shows how timing is very important and that we should not be greedy. I trade later yesterday, I have in mind it will not take more than 30 minutes, I gained $5, I make sure the market was falling already and it has falled very well before I place buy, if I did not take the profit early, I would have gone more, I used 5x leverage.

I will try to learn more about RMA and EMA, I only focus on RSI for now, I will know better as time later.

[Desmong]

We have different strategies when we are trading, I have been learning about leverage trading since but I am not perfect till now, I have $50 bitcoin to start, the first leverage I trade as been exchaused and my bitcoin lost, I used 10x. I reduced it to 5x but I lost the bitcoin again, the $50 I am using to practice has exhausted.

There has been some sites I read before I started to trade, all are point to trading to be risky but I thought if I learn it I can be able to know better and profit from it. I saw 100x leverage but I was thinking the price my bitcoin will be lost will be high, that was why I did not choose it, but the 5x I choose has also lost.

As a good trader, are you not losing when you are trading 5x or should I reduce the leverage below 5x or should I not leverage. What are the things you are doing that makes you to gain from trading.

I am not talking about hold, I have gained from holding already.

You need to learn more about trading rather than asking people of their strategy in order to make use of it. Trading requires time to get accustom to it and know ways in which you can tweak your settings and strategy to suit your capital. Go learn more about leverage Trading or rather spot trading that has less or no risk involved. I trade the spot market with robot that had been giving me consistent results cause I don't always have time to go check my trades. And there is no risk attached cause I believe what goes up must surely comes down...Law of price Action